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thanks. >>> coming up, just in, republicans are trying to fire john boehner. he's leading their talks with the president but they want him out. we'll have that story. >>> and how about this, a gold medal winner heads to "politicsnation." gabby douglas is here to share her story. you won't want to miss this one. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of l
thanks. >>> coming up, just in, republicans are trying to fire john boehner. he's leading their talks with the president but they want him out. we'll have that story. >>> and how about this, a gold medal winner heads to "politicsnation." gabby douglas is here to share her story. you won't want to miss this one. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to...
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the reason why boehner has trouble cutting is deal is not because boehner can't cut a deal. i think in five minutes' time he and obama would come up -- >> excuse me, excuse me, you're wrong. you're wrong. all that grover has to say, all he has to say is, we're in a particular fiscal crunch right now and we've got to make allowances for that. if he did that a lot would change. >> grover only counts because these tea party guys, the 50, 60, 70 in the house, they have a theological opposition to any -- >> let's go -- >> all they're worried about being primaried from the right -- >> i know -- let's talk about the caucus you used to work with. >> very well. >> aren't there a lot of people over there if grover came out and said these are particular times, we have to make a couple adjustments. >> members of congress should not have to negotiate with grover norquist. >> but i'm asking you an open question. would that have been inflauns? >> it could but it would -- for grover he's an activist. he's someone -- he has his ideals and if he compromises on that, that's harder for him. the
the reason why boehner has trouble cutting is deal is not because boehner can't cut a deal. i think in five minutes' time he and obama would come up -- >> excuse me, excuse me, you're wrong. you're wrong. all that grover has to say, all he has to say is, we're in a particular fiscal crunch right now and we've got to make allowances for that. if he did that a lot would change. >> grover only counts because these tea party guys, the 50, 60, 70 in the house, they have a theological...
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speaker boehner sums up with where things are with the word of the week, nowhere. a big fight brewing over republicans ratifying a u.n. treaty to help people with disabilities that's based on a u.s. law signed by a republican president. find out how a republican attorney general plan to overcome the opposition. >> president obama pile on praise that sounds like anything but. a farewell for hillary clinton. i'm fighting a fiscal cough, so pardon that. if it's always darkest. it's clear the white house-re house-republican leaders, both sides appear to be very far apart, saluting kennedy center honorees from dustin hoffman to led zeppelin and hitting the golf links with former president bill clinton. the guy with whom he will have to make a deal to end the standoff on the fiscal cliff house speaker john boehner requested time on fox news to publicly declare the president's opening bid a nonstarter. >> i was flabbergasted. we're nowhere. >> treasury secretary tim geithner did the full ginsberg with taped appearances on all five shows. nothing will happen until budget t
speaker boehner sums up with where things are with the word of the week, nowhere. a big fight brewing over republicans ratifying a u.n. treaty to help people with disabilities that's based on a u.s. law signed by a republican president. find out how a republican attorney general plan to overcome the opposition. >> president obama pile on praise that sounds like anything but. a farewell for hillary clinton. i'm fighting a fiscal cough, so pardon that. if it's always darkest. it's clear the...
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republican house speaker john boehner also digging in, admitting that talks are going nowhere. speaker boehner also describing the moment when geithner first showed him the president's opening offer. >> i was flabbergasted. i looked at him, i said, "you can't be serious." i've just never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. right now i would say we're nowhere, period. we're nowhere. we've put a serious offer on the table by putting revenues up there to try to get this question resolved. but the white house has responded with virtually nothing. they've actually asked for more revenue than they've been asking for the whole entire time. >> what are the chances we're going to go over the cliff? >> there's clearly a chance. >>> meanwhile, grover norquist making a new prediction should lawmakers fail to reach a deal. >> understand how ugly the next four years are going to get. everything in obamacare that obama didn't want you to focus on or think about, the 9
republican house speaker john boehner also digging in, admitting that talks are going nowhere. speaker boehner also describing the moment when geithner first showed him the president's opening offer. >> i was flabbergasted. i looked at him, i said, "you can't be serious." i've just never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. right now i would say we're...
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. >> reporter: john boehner dug in. no rate rises on anyone. >> the president's idea of a negotiation is roll over and do what i ask. >> reporter: the opening bid brought the gop leaders by geithner is a nonstarter. >> i was flabbergasted. i looked at him and said, you can't be serious. >> reporter: included in the offer, $1.6 trillion in new revenue, twice what was on the table in last year's failed grand bargain, and $600 billion in spending cuts, much of it from medicare, not nearly good enough, say republicans who insist the president show more of his hand. >> the white house keeps spiking the ball on tax increases for the wealthy, but it's not yet been forthcoming on real entitlement reform. and without the two, there really is no deal. >> reporter: for now, the sides are far apart. >> what the chances we're going to go off the cliff? >> there's clearly a chance. >> reporter: with time running out, many on both sides say the time for posturing is over. >> at a certain point in time, we have to quit playing to the c
. >> reporter: john boehner dug in. no rate rises on anyone. >> the president's idea of a negotiation is roll over and do what i ask. >> reporter: the opening bid brought the gop leaders by geithner is a nonstarter. >> i was flabbergasted. i looked at him and said, you can't be serious. >> reporter: included in the offer, $1.6 trillion in new revenue, twice what was on the table in last year's failed grand bargain, and $600 billion in spending cuts, much of it from...
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if boehner knows -- this is smart. if boehner knows he has to give on the tax rate at the top, what does his party insist on getting in return? do you know? do you know? what do they want? >> i think that they get -- as i said on this show before, the deal has always been, here, we will give you the cuts in spending if you give us a tax increase. we get the tax increase. we never get the cuts in spending. i think they want a definitive -- >> what do they want for spending? 50/50? >> i don't know if it's 50/50? >> 10 to 1. >> let's not get sarcastic. >> 3 to 1. >> yeah. it's not a question mark -- >> i think it's 50/50. >> three to one? >> yeah. >> $3 in spending cuts for every $1 in revenue? >> at least, at least. >> that's crazy. they'll never get that. they won't get that, will they? >> no, the republicans have no leverage. the only people who haven't figured out they have no leverage is the republicans and the speaker. >> we don't they have leverage? >> all the president has to do is manage the markets. if he gives
if boehner knows -- this is smart. if boehner knows he has to give on the tax rate at the top, what does his party insist on getting in return? do you know? do you know? what do they want? >> i think that they get -- as i said on this show before, the deal has always been, here, we will give you the cuts in spending if you give us a tax increase. we get the tax increase. we never get the cuts in spending. i think they want a definitive -- >> what do they want for spending? 50/50?...
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that's the christmas message from speaker boehner. "hardball" with chris matthews is next. >>> in the belly of the beast. let's play "hardball." ♪ >>> good evening. i'm chris mam ewes in washington. let me start tonight with some grave robbing. we're going gown to the dark, cold tomb of the late romney campaign. we're going to excavate the murky truths that were the living heart and mind of the defeated republican effort. going to exhume tonight the guts of the thinking that went on and went so wrong. tonight, we get what we only guessed at, the results of which played out in the numbers of election night. the nasty, anti-immigrant politics, the attitude toward that 47%, the failure to turn out the white male vote, the reason romney picked ryan and the wild prelude to the clipt eastwood performance. tonight on "hardball," the dark arona of what lies now beneath the dirt so we can understand what it looks like, to think and feel your way into a historic disaster. with me are jeff zeleny with "the new york times" and susan milligan wh
that's the christmas message from speaker boehner. "hardball" with chris matthews is next. >>> in the belly of the beast. let's play "hardball." ♪ >>> good evening. i'm chris mam ewes in washington. let me start tonight with some grave robbing. we're going gown to the dark, cold tomb of the late romney campaign. we're going to excavate the murky truths that were the living heart and mind of the defeated republican effort. going to exhume tonight the guts...
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i say let boehner be boehner. let him negotiate the best possible way out of the box. which is what i think you're seeing happen now. >> you mentioned grover norquist. he's making a new prediction, by the way. let's listen. >> understand how ugly the next four years are going to get. everything in obamacare that obama didn't want you to focus on or think about, the 90% of his trillion-dollar tax increase was pushed over till after he got himself safely re-elected. all those regulations you're now hearing about, okay, those all hit after the election. we've got four bad years of regulation taxes. he wants to add higher taxes to that. tea party 2 is going to dwarf tea party 1 if obama pushes us off the cliff. >> so basically, jon, what grover norquist is saying there to members of the tea party set who have been elected, who were elected, is, you know, we're going to take everybody who is against us into a primary on your right. >> right. >> on the republican side. >> right. >> so the threat has been issued already,
i say let boehner be boehner. let him negotiate the best possible way out of the box. which is what i think you're seeing happen now. >> you mentioned grover norquist. he's making a new prediction, by the way. let's listen. >> understand how ugly the next four years are going to get. everything in obamacare that obama didn't want you to focus on or think about, the 90% of his trillion-dollar tax increase was pushed over till after he got himself safely re-elected. all those...
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we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint economic committee hearing. they're going to hear from a top economist not only about the jobs numbers coming out tomorrow but also about what can be done to avoid this issue at the end of the year. >> tracie potts for us in washington. thank you. >>> last night on the ed show, steny hoyer explains why he thinks the debt ceiling vote should be taken off the table. >> the debt ceiling is a phone y vote, frankly. and from time to time democrats have made it an item that they demagogue down and the republicans have demagogued on it, as well. the debt limit is a re
we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint...
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john boehner. who probably now has earned the titles of the worst speaker certainly in our lifetime if not the worst speaker ever in the history of the house of representatives. the guy is just a totals total loser. look. here is where things stand. right? it's not complicated. president obama, we've got this big debt crisis. president obama, two things -- number 1, months ago, he put out a detailed plan. it's in print, and it's online, of how to resolve this fiscal crisis. no. 2, the republicans said we are not going to deal with it. we will take seven weeks off. we will have an election and let the people decide. president obama went out in front of the american people. there was one issue, the central issue. it wasn't the war in iraq iran's nuclear possibility of iran getting nuclear weapons it wasn't peace in the middle east. it wasn't immigration reform. the number 1 was issue was president obama said very clear, we want the wealthiest two percents of americans to pay more in tax after having
john boehner. who probably now has earned the titles of the worst speaker certainly in our lifetime if not the worst speaker ever in the history of the house of representatives. the guy is just a totals total loser. look. here is where things stand. right? it's not complicated. president obama, we've got this big debt crisis. president obama, two things -- number 1, months ago, he put out a detailed plan. it's in print, and it's online, of how to resolve this fiscal crisis. no. 2, the...
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. >> the hold up right now is that speaker boehner took a position, i think the day after the campaign, but said we're willing to bring in revenue but not increase rates. >> gridlock, 26 days and counting. >> no word on what the president and speaker boehner discussed, but given the fact that there has not been progress, just the fact they were on the phone represents a small development. >> still to come, he has been through hundreds of deals and no deals, has decided if america has talent, and now he is taking it all. howie mandel joins us about his new holiday game show. >> sunshine. clouds to the northwest. that is what we will watch. watch. is the fastest internet in america. just ask pc mag. [ male announcer #2 ] cable can't touch fios upload speeds. it's hard to imagine anyone ever beating fios. there's no doubt fios is the fastest in the country. [ male announcer #1 ] after 110,000 speed tests, nothing came close to fios. upgrade now with this amazing holiday deal and get fios internet, tv and phone for our best price online... just $79.99 a month with a two-year agreement. plu
. >> the hold up right now is that speaker boehner took a position, i think the day after the campaign, but said we're willing to bring in revenue but not increase rates. >> gridlock, 26 days and counting. >> no word on what the president and speaker boehner discussed, but given the fact that there has not been progress, just the fact they were on the phone represents a small development. >> still to come, he has been through hundreds of deals and no deals, has decided...
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. >>> gasoline almost half a buck cheaper and going lower as president obama and boehner meet face to face to go over the looming fiscal cliff. >>> the latest on the death of a nurse. a handcuffed manakes off with a police cruiser. >>> and could hillary clinton be presented with an offer she can't refuse? "early today" starts right now. >>> this is "early today" for monday, december 10, 2012. >>> hey there, good morning to you. i'm veronica de la cruz. right now residents in the midwest are waking up to the heaviest snow in months. highway closures and around 150 flight cancelations and delays at minneapolis, st. paul's airport, this morning. bill karins tracking the weather. what does it look like now? >> old man winter crashed the party this weekend. without a doubt. we were off to a warm period of weather throughout the country. now all the cold air up in canada and alaska has rushed to the south behind the storm. most of the snow was over with. light stuff and flurries minneapolis, green bay, light snow left for you. but the big story is the cold air that's behind this. if you're
. >>> gasoline almost half a buck cheaper and going lower as president obama and boehner meet face to face to go over the looming fiscal cliff. >>> the latest on the death of a nurse. a handcuffed manakes off with a police cruiser. >>> and could hillary clinton be presented with an offer she can't refuse? "early today" starts right now. >>> this is "early today" for monday, december 10, 2012. >>> hey there, good morning to you....
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>> speaker boehner said he's willing to raise revenue. his method is simplify the tax code, eliminating the deductions wealthy people take advantage of. president obama is less interested in that. his emphasis is raising rates. that's been the debate. republicans may or may not concede on that. as you said, they don't have a lot of leverage. if they do nothing, if no law passes, they go over the fiscal cliff. >> that raises the issue. you are talking what a disaster the medicare eligibility portion of this would be, do you look at the compromise of 37%, if you could get something more favorable on medicare, would you say going up to 37% instead of 39.6 is enough? >> no. look, there was a tax plan and we looked at the discussion of keeping the rates at the level and reforming the tax code and dealing with deductions. the truth is, if you want to have significant deficit reduction, which republicans are arguing for and you want to stabilize the debt, we need significant revenue. we need to -- the real challenge we have is we are not raising
>> speaker boehner said he's willing to raise revenue. his method is simplify the tax code, eliminating the deductions wealthy people take advantage of. president obama is less interested in that. his emphasis is raising rates. that's been the debate. republicans may or may not concede on that. as you said, they don't have a lot of leverage. if they do nothing, if no law passes, they go over the fiscal cliff. >> that raises the issue. you are talking what a disaster the medicare...
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that was the assessment from one of those directly involved: house speaker john boehner. the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal cliff's tax hikes and spending cuts take effect. >> susie: mark zandi says "bad things will happen to the economy pretty fast" if lawmakers don't settle the fiscal cliff issue. he's chief economist of moody's analytics. so mark falling off the fis
that was the assessment from one of those directly involved: house speaker john boehner. the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and...
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john boehner said he can't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home for their holiday recess. what we're hearing there should be a deal by christmas. the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. timothy geithner was on the hill last week to present the president's plan to congress. >> i was flabbergasted. >> reporter: president obama w
john boehner said he can't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home...
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the past -- talked on the phone for the first time in days -- president obama and house speaker john boehner. it is raising new hopes for new negotiation -- they have been at a standstill since monday when the gop proposed raising revenues by closing tax loopholes, not by raising tax rates on the top earners as the president had demanded. this comes as a new poll suggests americans agree with the president. 40% want to that tax cuts expire for the wealthy. 32 percent say they should continue for everyone. more downsizing -- news from citigroup. they announce they are cutting 11,000 jobs worldwide. they're closing branches. a spokesperson says less than 1% of 3600 citibank employees in maryland will be laid off. one branch in the state will close in the glen burnie. a new annapolis fire department is getting over $200,000 in a grant from fino. congressmen -- fema. congressman judge sought -- john sarbanes said it will go to upgrading the fire station. some say fema is not that generous when it comes to aid for victims of superstore sandy. >> maryland woke up to this headline -- u.s. denies ai
the past -- talked on the phone for the first time in days -- president obama and house speaker john boehner. it is raising new hopes for new negotiation -- they have been at a standstill since monday when the gop proposed raising revenues by closing tax loopholes, not by raising tax rates on the top earners as the president had demanded. this comes as a new poll suggests americans agree with the president. 40% want to that tax cuts expire for the wealthy. 32 percent say they should continue...
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recently called for john boehner's overthrow by other conservatives in the house. more unink hadded jim demint without having to worry about being a senator is incredibly paralyzing for the republican party. jon: he says he fields he can wield more influence as head of the heritage foundation as he can as a united states senator. here's what he told our bret baier. >> i think i'm in a more powerful position than a single united states senator. i wouldn't feel good about leaving if we didn't have so many new bright young conservatives now in the senate but it's time that conservatives take control of our message and let americans know what we can do to make their lives better. republicans hadn't done that good of a job as a party doing that. jon: he spoke about conservatives, monica, not necessarily republicans. he seemed to be aiming his ire at both parties but republican as well. >> as well he should because the republican establishment for many decades, but now even more recently on the fiscal cliff, they seem to be willing to go down that road of big government,
recently called for john boehner's overthrow by other conservatives in the house. more unink hadded jim demint without having to worry about being a senator is incredibly paralyzing for the republican party. jon: he says he fields he can wield more influence as head of the heritage foundation as he can as a united states senator. here's what he told our bret baier. >> i think i'm in a more powerful position than a single united states senator. i wouldn't feel good about leaving if we...
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we're going to find out what the president and house speaker boehner are saying after a face-to-face meeting over the fiscal cliff. >>> also this half hour, hopes and prayers for nelson mandela. the human rights hero is in a south africa hospital this morning. >>> also coming up, new hope in the fight against alzheimer's disease, experimental surgery to implant a kind of pacemaker for the brain is showing early success. >> an interesting one. >> yes. >>> later, daytime smack down, wendy williams lets loose with some harsh words about beyonce. what the talk show host is saying about the singer coming up in "the skinny." >> that's never going to go well. talking badly about beyonce. a bad move. >> going after beyonce is a tough one. >>> new signs of progress in efforts to avoid the fiscal cliff after a closed door meeting at the white house. >> more republicans are coming forward to say that the richest americans should pay more in taxes. here is abc's david kerley. >> reporter: for the first time in more than three weeks, a face-to-face meeting at the white house, but no cameras as th
we're going to find out what the president and house speaker boehner are saying after a face-to-face meeting over the fiscal cliff. >>> also this half hour, hopes and prayers for nelson mandela. the human rights hero is in a south africa hospital this morning. >>> also coming up, new hope in the fight against alzheimer's disease, experimental surgery to implant a kind of pacemaker for the brain is showing early success. >> an interesting one. >> yes. >>>...
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president obama and john boehner meet face-to-face on sunday. does it mean we're any closer to the solution to the fiscal cliff? >>> a news conference by chairman ben bernanke, set for wednesday.
president obama and john boehner meet face-to-face on sunday. does it mean we're any closer to the solution to the fiscal cliff? >>> a news conference by chairman ben bernanke, set for wednesday.
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cantor is worried -- excuse me, not cantor, boehner is worried about not being reelected as speaker of the house. they can't vote on that until january 4th with the new congress on that. cantor wants that job. so i think boehner's going to press for a deal, i think he's going to go ahead and allow president obama to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good call on the housing stocks, and they outran their valuations on a short to intermediate-term basis. they downgraded them about two months ago. liz: okay, so where's the money? show it to us. >> i like just about everything except consumer staples. i think industrials look good, i think they are the new consumer staples. i think that consumer staples are the new investment vehicles of utility investors -- liz: and you like american tower
cantor is worried -- excuse me, not cantor, boehner is worried about not being reelected as speaker of the house. they can't vote on that until january 4th with the new congress on that. cantor wants that job. so i think boehner's going to press for a deal, i think he's going to go ahead and allow president obama to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i...
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the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president mohammed morsi. the street battles were the most violent since egypt's latest crisis erupted two weeks ago where morsi assumed near absolute power. the opposition is vowing more protests later today. >>> this morning, two australian radio hosts are apologizing for a prank call that's getting worldwide attention. it was made to the hospital where kate is being treated for acute morning sick sentencesness. anna bell roberts is with us. >> reporter: good morning, lynn. that's right. the latest on kate's condition is that she will remain in hospital. we're not quite sure for how much longer, but she is said t
the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president...
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>> speaker boehner and i speak frequently. and, you know, i think the issue right now -- >> so, when? when will the two of you sit down in a room? >> you know, i don't think that the issue right now has to do with sitting in a room. >> reporter: in part, the white house was burned by the debt ceiling negotiations of 2011, when lots of meetings failed to stave off a fiscal nightmare. but there's another strategy at play. some in the administration say they learned in the first term the best way to break washington stalemates, rally the public to their cause. here's how the president put it to cbs news. >> so getting out of this town, spending more time with the american people, i need to do a better job of that in my second term. >> a better job of explaining? >> well, explaining, but also inspiring. >> now, wolf, for now, negotiations between the white house and congressional republicans are on deep freeze. at the white house, they are just waiting for the republicans to blink and agree to raise rates for the wealthiest. repub
>> speaker boehner and i speak frequently. and, you know, i think the issue right now -- >> so, when? when will the two of you sit down in a room? >> you know, i don't think that the issue right now has to do with sitting in a room. >> reporter: in part, the white house was burned by the debt ceiling negotiations of 2011, when lots of meetings failed to stave off a fiscal nightmare. but there's another strategy at play. some in the administration say they learned in the...
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at this point, the negotiations are now down to president obama and john boehner. >> we mentioned superstore senate. why should that storm play a big role in the jobs report? >> we hear about new york and new jersey being impacted. 24 states were impacted. retailers closed and other businesses closed. if there was no super storm sandy, the economy could have added 200,000 jobs. instead we are looking at at about 100,000 jobs. >> 5:07. 33 degrees at the airport. and get some ceremonies to remember the anniversary of the attack on pearl harbor. >> attempting to hand over classified information. what he tried to leak. >> this is exit 17 at padonia road. volume is still light. weather and traffic when we come weather and traffic when we come back ♪ ♪ no two people have the same financial goals. pnc works with you to understand yours and help plan for your retirement. visit a branch or call now for your personal retirement review. >> good morning. 5:10. friday morning. closer to freezing when you get away from the city this morning. we do not have rain in the baltimore area. there are some sc
at this point, the negotiations are now down to president obama and john boehner. >> we mentioned superstore senate. why should that storm play a big role in the jobs report? >> we hear about new york and new jersey being impacted. 24 states were impacted. retailers closed and other businesses closed. if there was no super storm sandy, the economy could have added 200,000 jobs. instead we are looking at at about 100,000 jobs. >> 5:07. 33 degrees at the airport. and get some...
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these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the new normal are accentuating the positive. >> it's amazing. i'm not a criminal anymore. i can't go to jail for small amounts of marijuana, you know? it's -- i'm free to be free. >> the new law doesn't allow smoking in public places, just like alcohol, but police in seattle and across the state made an exception for overnight celebrations to ring in this new law. >>> so it's another public relations problem for penn state. the school's kai omega sorority is under investigation for stereotype i stereotyping latinos. pictures showed the sorority members in somberos with fake mustaches with signs that sa
these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the...
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boehner, let them go. let president obama, let him have two recessions on two terms, that's the only way that they'll cut a time of spending if they're forced to do it. >> you mentioned the number, 5-8 billion dollars, new congress militia numbers out. 4.8 billion dollars a day so far, now, this is for not this year, this is for fiscal year 2013 which began in october. carney, the white house press spokesperson says a number of things about this, take a listen. >> the debt reduction in and of itself is not the goal here. the reason to get our fiscal house in order and the reason to pass a deficit reduction package that's balanced and allows for economic growth and job creation is to put our economy on a sustainable fiscal path. which again, in itself produces positive economic benefits and growth and jobs. >> eric: that's ridiculous, what that man just said, the reason for the discussions is not to cut the deficit, it's to put our economy on a path to fiscal growth and create jobs. the only way to do it is
boehner, let them go. let president obama, let him have two recessions on two terms, that's the only way that they'll cut a time of spending if they're forced to do it. >> you mentioned the number, 5-8 billion dollars, new congress militia numbers out. 4.8 billion dollars a day so far, now, this is for not this year, this is for fiscal year 2013 which began in october. carney, the white house press spokesperson says a number of things about this, take a listen. >> the debt reduction...
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the president meeting face to face with speaker boehner yesterday. and talking to our chief white house correspondent basically the status of those discussions is sitting at a stalemate. back in a moment. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools that help me work my strategies, tdd#: 1-800-345-2550 spot patterns and find opportunities more easily. tdd#: 1-800-345-2550 then, when i'm ready... act decisively. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 with the exact same tools, the exact same way. tdd#: 1-800-345-25
the president meeting face to face with speaker boehner yesterday. and talking to our chief white house correspondent basically the status of those discussions is sitting at a stalemate. back in a moment. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i...
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caller: john boehner is sending forth a plan. speaker boehner have ideas aboutthere is some distance betweenboth sides are looking for ways to compromise. caller: ok. am i understand this correctly? the pentagon made sequester 13%. is that correct? guest: the bill is about $54 billion. at is the number the pentagon has to take out of their 2013. that is about 9.4% of the budget. caller: ok, thanks. host: troy in pittsburgh. this out before the war got started. they did were bonds and raised -- they did war bonds and raise taxes after world war i. this war is still going on. overseas. guest: everything started with 9/11, and that was thrust upon us with a horrible attack. now we are at war and we have to fight these things. there wasn't a lot of thinking about how to pay for this. we did were bonds -- war bonds in the past. we continue to lower taxes and to fight the wars at the same time. host: looking at contracts in november, the foreign military fail program. what is the -- foreign military sales program. guest: we provide the
caller: john boehner is sending forth a plan. speaker boehner have ideas aboutthere is some distance betweenboth sides are looking for ways to compromise. caller: ok. am i understand this correctly? the pentagon made sequester 13%. is that correct? guest: the bill is about $54 billion. at is the number the pentagon has to take out of their 2013. that is about 9.4% of the budget. caller: ok, thanks. host: troy in pittsburgh. this out before the war got started. they did were bonds and raised --...
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yesterday the president and house speaker john boehner met at the white house for a round of intense negotiations. there are new signs republicans are willing to go along with the president on hypertaxigher taxee wealthy. >> we have spent ourselves into a hole. will i accept a tax increase as part of a deal to actually solve our problem, yes. >> senator coburn says in return, republicans would get significant reform of entitlement programs. >> at least the two are sort of together, speaking, without cameras around. >> right. >> so they can get work done. >> the difference between the last meeting, they're not coming out and sort of saying, well, they're not budging. they're not budging. they sort of cam out and said we are not going to talk about it. a good sign too. >> i hope so. sort of riff di >>> tension is building in egypt. morsi ordered the military to keep the peace. thousand gathered outside the presidential palace for the fifth straight night. calling for a boycott to undermine the vote. morsi tried to appease his opposition. opposition leaders still say the draft constitut
yesterday the president and house speaker john boehner met at the white house for a round of intense negotiations. there are new signs republicans are willing to go along with the president on hypertaxigher taxee wealthy. >> we have spent ourselves into a hole. will i accept a tax increase as part of a deal to actually solve our problem, yes. >> senator coburn says in return, republicans would get significant reform of entitlement programs. >> at least the two are sort of...
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. >> what shocked john boehner and are we getting any closer to an agreement? look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. reliability and ways to connect. because we know how much you do to make the holidays just right. from ornaments to ottomans, memories are made with ikea. >>> there's some thick fog, a little bit in the east bay and north bay. >>> new this morning, secretary of state, hillary clinton, warning that there is a redline for the united states if syria uses chemical weapons in their its civil -- in its civil
. >> what shocked john boehner and are we getting any closer to an agreement? look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back...
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they have a sense that they have boehner and the republicans in the house on the defensive. use the more republicans now saying they are willing to, in fact, raise tax rates if they get serious entitlement cuts and serious spending cuts. if the republican caucus and republican poliiical weight, at the moment, if you look at the polls, there is no dispute. although polls show that republicans will they are about three quarters of the blame. dagen: one of the reasons that bill kristol came out after the election and said they just need to step back and give way to these income tax rate increases because the president juan and they will wind up getting blamed one way or another if this thing goes wrong. >> you are talking about eligibility. maybe even taking it away a little bit. that is for upper income earners. if you just say, you know what, we will tailor it now. two people who really may arguably be said don't need it. i think that may be acceptable to democrats. dagen: would it be helpful to everybody if these discussions were open door and more transparent, which has bee
they have a sense that they have boehner and the republicans in the house on the defensive. use the more republicans now saying they are willing to, in fact, raise tax rates if they get serious entitlement cuts and serious spending cuts. if the republican caucus and republican poliiical weight, at the moment, if you look at the polls, there is no dispute. although polls show that republicans will they are about three quarters of the blame. dagen: one of the reasons that bill kristol came out...
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. >> speaker boehner added he is flabbergasted by the administration's proposals while secretary geithner said he believes a deal can be reached by the end of the year. >>> we could find out this morning if the supreme court will take up the issue of same-sex marriage. at 9:30 eastern, the court releases its orders list. there's a possibility justices will hear cases that challenge the federal defense of marriage act or california's proposition 8, which defines marriage as strictly between a man and a woman. >>> an evacuation order remains in effect this morning in louisiana as authorities rush to secure more than 6 million pounds of improperly stored gunpowder. the m6 powder was found on property leased by explo systems. an operation is underway to move that powder to underground storage facilities on the site. so far 1 million pounds has been safely stored, enough to fill 27 18-wheelers. >> a member of the coast guard is dead. he was one of two coast guard members thrown off a boat on impact, and suffered a head injury. the coast guard says the suspicious vessel was intercepted, and two
. >> speaker boehner added he is flabbergasted by the administration's proposals while secretary geithner said he believes a deal can be reached by the end of the year. >>> we could find out this morning if the supreme court will take up the issue of same-sex marriage. at 9:30 eastern, the court releases its orders list. there's a possibility justices will hear cases that challenge the federal defense of marriage act or california's proposition 8, which defines marriage as...
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john boehner opened the door for that. president obama has indicated no intention of looking at that. host: what deductions would you put on the table? guest: tax reform is not to raise revenue. is to make the tax code less of a drag on the economy. we do that by lowering tax rates and getting rid of some deductions, exemptions, credits. but we do not do it to raise revenue. host: chuck marra, how important our deductions? guest: they are very important. if you get into this notion that they are loopholes, then you look at the very popular deductions the people rely on. they're trying to balance the economic weakness with the long-term needs of the economy, which is that we do face a future of deficits that are unsustainable. we are trying to stabilize the debt has a share of our economy over time. that means about $4 trillion in savings. the good news is, last year, the congress and the president got together and locked in about $4 trillion of spending cuts. it has to be enacted. we're talking about 40% of the spending bu
john boehner opened the door for that. president obama has indicated no intention of looking at that. host: what deductions would you put on the table? guest: tax reform is not to raise revenue. is to make the tax code less of a drag on the economy. we do that by lowering tax rates and getting rid of some deductions, exemptions, credits. but we do not do it to raise revenue. host: chuck marra, how important our deductions? guest: they are very important. if you get into this notion that they...
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speaker boehner suggests that capping deductions would actually protect the middle class. >> we have to cut spending and put revenues on the table. now, the revenues will come from, guess who? the rip. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm our economy. >>reporter: the taxes will go up for those making moreover than $250,000 even if congress does nothing and also forren else but the polls suggest that the american will blame republicans. >>trace: thousands of workers are being laid off at a citigroup, slashing 11,000 jobs adding up to about 4 percent of the entire workforce. it is another cost-cutting move as banks continue to struggle after the recession in 2008 the citigroup nearly collapsed and took $2 billion in loops from taxpayers to stay afloat. investors welcomed the news on wall street. you can seat huge jump at the start of the day and citigroup stock has been climbing ever since. >> president obama will soon ask congress for tens of b
speaker boehner suggests that capping deductions would actually protect the middle class. >> we have to cut spending and put revenues on the table. now, the revenues will come from, guess who? the rip. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm our economy. >>reporter: the taxes will go up for those making moreover than $250,000 even if congress...
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house speaker john boehner joins the lighting of the capitol christmas tree. this year's tree is from the colorado white river national forest. watch both ceremonies tonight at 8:00 p.m. eastern here on c- span. >> we have had these explosions of knowledge in medicine, but we have not coordinated care, and all the services that we had end up having so many cracks that the cracks are as harmful as the diseases that we are treating, and you have got to step back and ask, you know, "are we hurting people overall on a global level? what are we doing sometimes?" now we have these reports saying 30% of everything we do may not be necessary in health care. when we step back, 30% of the medications we prescribe, the tests we order, the procedures -- this is something, i think, which is for the first time really being called out as a problem. >> dysfunction in the u.s. health-care industry. dr. marty makary on what hospitals will not tell you, tonight it 10:00 -- at 10:00. >> the supreme court will look at what happened in 2008, and they will say that this precedent. a
house speaker john boehner joins the lighting of the capitol christmas tree. this year's tree is from the colorado white river national forest. watch both ceremonies tonight at 8:00 p.m. eastern here on c- span. >> we have had these explosions of knowledge in medicine, but we have not coordinated care, and all the services that we had end up having so many cracks that the cracks are as harmful as the diseases that we are treating, and you have got to step back and ask, you know, "are...
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the white house communications director has just put out a statement saying the boehner offer does not meet the test of balance because it doesn't raise tax rates for the wealthy. we also have a statement saying that the republican offer which they are quoting him in making this offer is simply a mid point of proposals and both sides need to come off their fixed position. >> we have 28 days left. thanks so much. as the markets remain laser focused on the fiscal cliff what else should we be watching tomorrow. joining me now to break it down. good to see you. barry, 30 seconds on the clock. what do you want to watch for tomorrow? >> i think the numbers reported are probably the big numbers, the automotive industry. the average age on the street is 11 years for cars. there is a good possibility auto makers will be responding favorably and the response to the cliff. anything positive would turn the negative emotion to positive emotion in stocks. >> what are we watching? >> i think we will be looking for the bank of canada. no expectation for a rate change. the economy struggling with weak
the white house communications director has just put out a statement saying the boehner offer does not meet the test of balance because it doesn't raise tax rates for the wealthy. we also have a statement saying that the republican offer which they are quoting him in making this offer is simply a mid point of proposals and both sides need to come off their fixed position. >> we have 28 days left. thanks so much. as the markets remain laser focused on the fiscal cliff what else should we...
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that people are talking about now, specifically very important people like president obama and speaker boehner, is the tax code and these programs that we sometimes call entitlements, medicare, medicaid and social security. those are the things that are on the table at the moment, not defense. unless the bargain fails, unless the two sides cannot get together and then the thing that will happen, and it will happen quickly, are drastic cuts in defense and domestic spending and an automatic increase in taxes. that is what must be avoided. just because the economy couldn't take it at this stage. we've had relatively slow growth in the economy, and though it seems to be picking up and the last jobs report was quite favorable, having a crash austerity program right now, that's what the fiscal cliff is, would be a big mistake. so the two sides have to get together on this grand bargain. >> well, we certainly hope they do. alice rivlin, thank you very much. >> you're welcome. >>> switching gears now. what is the future for the pop star psy? he may have the most popular video in the history of youtube
that people are talking about now, specifically very important people like president obama and speaker boehner, is the tax code and these programs that we sometimes call entitlements, medicare, medicaid and social security. those are the things that are on the table at the moment, not defense. unless the bargain fails, unless the two sides cannot get together and then the thing that will happen, and it will happen quickly, are drastic cuts in defense and domestic spending and an automatic...
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is the same of what speaker john vader, offered the president in their negotiations -- speaker john boehner offered the president in their negotiations in 2011. the white house has consistently signaled a loss of of weeks that they will not accept any deal that keeps tax rates for the wealthy. >> russell burma is a staff writer for the hill. thank you. >> thank you. >> and you can go to our website c-span.org to read the letter that the president wrote to house rubble can survey. it was signed by house speaker john vader, majority leader eric cantor, and four others. a group of retired military officers and business leaders recently released a report outlining ways to decrease u.s. dependence on oil. the group today posted eighth discussion on oil independence. among the speakers, the senior -- the ceo of a and fedex, a white house adviser, and senators. >> a good morning, everyone. i especially want to thank members of the security council. they have been a distinguished group of members since 2006. i also want to give a special thanks to -- >> i want to give a special thanks to the staff
is the same of what speaker john vader, offered the president in their negotiations -- speaker john boehner offered the president in their negotiations in 2011. the white house has consistently signaled a loss of of weeks that they will not accept any deal that keeps tax rates for the wealthy. >> russell burma is a staff writer for the hill. thank you. >> thank you. >> and you can go to our website c-span.org to read the letter that the president wrote to house rubble can...
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boehner's. the idea -- i would be terribly upset, along with many of my friends, if obama compromised too much on what needs to happen that is called the fiscal cliff. >> do you think a prominent third-party web help our country? >> i felt strongly about that when i supported john anderson in 1979. he was -- a large part of anderson's campaign was to sue the state ballot procedure into allowing third parties to have more access to the electoral process. i would like to see a third party available, but that, too, seems like a really tall order. >> what do you think is the appropriate role for actors and celebrities to play in the political arena up to? >> i think if you are a a really motivated committed citizen who feels very strongly about either an issue or a candidate, you get involved. you go out and do it regardless of what it means. as i said, i have got this long history as a yellow-dog democrat liberal, and i do not think anyone is surprised to see me, and i think my republican friends t
boehner's. the idea -- i would be terribly upset, along with many of my friends, if obama compromised too much on what needs to happen that is called the fiscal cliff. >> do you think a prominent third-party web help our country? >> i felt strongly about that when i supported john anderson in 1979. he was -- a large part of anderson's campaign was to sue the state ballot procedure into allowing third parties to have more access to the electoral process. i would like to see a third...
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. >> hat do you make of when you hear the speaker, john boehner over the weekend say we haven't made any progress at all. we're at a stalemate. does that worry you? >> well, i think it's clearly coming together on a joint solution and there's going to be a lot of gives and takes. but it will take everybody working together both on the revenue side and -- >> ceo of ford when you hear about the fiscal cliff and what it can do in terms of raising taxes on middle class families, even obviously wealthier individuals your concerned about sales? >> this is really an important question because, you know, clearly the actions that congress put in place to deal with the fiscal cliff is very important because if those actions actually took place then it clearly has a big impact on purchase decisions for all of us and clearly would slow down the economy. so we really do need to come together with a joint solution. >> alan mulally, jim farley, thank you. >> lincoln. >> yeah. all right. charlie -- >> very competitive business. >> nasa is an interesting story that we're talking about too this mornin
. >> hat do you make of when you hear the speaker, john boehner over the weekend say we haven't made any progress at all. we're at a stalemate. does that worry you? >> well, i think it's clearly coming together on a joint solution and there's going to be a lot of gives and takes. but it will take everybody working together both on the revenue side and -- >> ceo of ford when you hear about the fiscal cliff and what it can do in terms of raising taxes on middle class families,...